Makenita is currently formulating work plans for the Sisson West Tungsten Project, consisting of approximately 9,400 contiguous acres prospective for Tungsten, located in New Brunswick directly bordering Northcliff Resources Ltd.’s (NCF:TSX) Sisson Tungsten Mine. On August 7, 2025, Northcliff Resources Ltd. announced they secured approximately $29 million CAD in combined funding from the U.S. Department of Defense (DoD) and the Canadian Government to advance their project.
On Thursday Nov. 13, 2025, Canadian Prime Minister Mark Carney chose Northcliff Resources’ Sisson Tungsten Mine in New Brunswick to be added to his government’s major projects list, revealed by the Major Projects Office (MPO).
Over the past year, Northcliff Resources Ltd.’s (NCF:TSX) share price has gone from a low of .02 to a high of .66 recently.
Jason Gigliotti, President of Makenita Resources Inc stated, “We are very pleased to acquire two critical mineral projects in Canada. There has been a focus on developing and moving forward critical mineral projects in North America recently. Adding these two projects significantly advances our long-term goal to maximize shareholder value. We anticipate being active on these claims in the short term and with only 33 million shares outstanding the structure is intact for growth.”
As of February, 2025, the United States, under President Donald Trump, has implemented significant tariffs on imports from China, including a 10-per-cent duty on nearly all Chinese goods, effective Feb. 4, 2025. In response, China has enacted countermeasures, notably imposing export controls on critical minerals, including tungsten, which is essential for various industries such as aerospace, electronics and defence.
Tungsten has always been a valuable material due to its unique properties, such as its extremely high melting point, strength and durability. It is used in a wide variety of applications, including manufacturing hard metals, electronics and lightbulb filaments as well as in military and aerospace technologies. However, China’s actions regarding tungsten have made it even more valuable for several reasons:
- Supply control: China is one of the world’s largest producers and exporters of tungsten, controlling a significant portion of global tungsten reserves. By tightening its production and export quotas, China reduces the global supply of tungsten. This limited supply increases the material’s value, as demand remains high but availability becomes constrained.
- Increased demand: As industries evolve, the demand for tungsten in high-technology applications — such as electronics, energy production and military hardware — has risen. The scarcity of tungsten, due to China’s restrictions, further drives up its market price as industries compete for access to this crucial resource.
- Strategic resource: Tungsten is a critical material for many industries, particularly in defence and aerospace sectors. China’s control over the supply means it can influence the global market and, in some cases, potentially use tungsten as a strategic lever in geopolitical relations, adding to its perceived value.
In short, the combination of China’s tightening control over tungsten production and the growing demand for this critical material has made tungsten even more valuable on the global market.
Recently, China banned exports of critical minerals, including antimony, to the United States. As trade tensions escalate between the United States and China, this move clearly emphasizes the urgent need for Western nations to secure reliable, long-term sources of these critical minerals, which are now at the forefront of the global supply chain crisis.
Makenita management cautions that past results or discoveries on properties in proximity to Makenita may not necessarily be indicative to the presence of mineralization on the Company’s properties. Mr. Scott Jobin-Bevans, P.Geo., a director of Makenita and a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this email.
